Legal Insights
Plain-language guides and case briefs on Philippine law — researched from the firm's law library of 184,000+ statutes, Supreme Court decisions, and agency issuances, and written so non-lawyers can understand and act on them.
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Loan Facility Agreement in the Philippines: Security and Documentation
A loan facility agreement in the Philippines sets the credit terms, while security documents such as mortgages and pledges secure repayment. Here is how it works.
Brokerage Obligations Accounting FOR Stock Certificates AND Exchange Liabilities
Philippine Supreme Court clarifies stockbroker duties: accounting for missing certificates, PSE's right to sell pledged seats, and client refunds.
Pawn Tickets and Documentary Stamp Tax: Understanding Pledge Agreements and Taxable Privileges
The Supreme Court rules pawn tickets are subject to documentary stamp tax as proof of exercising the taxable privilege of entering into a pledge contract.
Pawnshop Liability Fortuitous Events Negligence AND Insurance Obligations IN Pledge Agreements
When a pawned item is lost to robbery, who bears the loss? The Supreme Court clarifies pawnshop liability, fortuitous events, and insurance duties.
Documentary Stamp Tax on Pawnshop Pledges: A Clear Guide
The Supreme Court confirms pawnshop pledges are subject to documentary stamp tax under the National Internal Revenue Code. Learn the rules.
Pledged Shares and Lost Chances: No Right of Redemption in Philippine Pledge Law
Philippine Supreme Court clarifies that pledged personal property, including shares of stock, has no right of redemption after extrajudicial foreclosure.
Surety Reimbursement Rights: When Partial Payment Does Not Trigger Indemnity
Philippine Supreme Court clarifies when co-sureties can demand reimbursement and foreclose pledged shares under indemnity agreements.
Unauthorized Pledge of Another's Property: Ownership Prevails in Replevin Action
A son's unauthorized pledge of his father's tractor as security for personal debt fails; the owner's right to recover possession prevails.
Statute of Limitations in Philippine Contract Law: The 10-Year Rule for Written Contracts
Learn the 10-year prescriptive period for written contracts in the Philippines, when it starts, and how the Supreme Court applied it in a stock pledge dispute.
Stock Pledge in the Philippines: When Can a Pledgee Demand Ownership and Stock Transfer
Philippine Supreme Court ruling on when a pledgee of shares can demand stock transfer and ownership rights under a contract of pledge.
Pledge vs. Corporate By-Laws: Who Wins in Stock Ownership Disputes?
A bank's pledged shares were sold by a club for unpaid dues. The Supreme Court ruled on who prevails.